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Jade Leader Corp. explores and markets nephrite jade from projects in Wyoming and Washington State. Company updates commonly cover rough jade sales, pilot-scale sampling, stockpiled ornamental material, and market development for gem, carving, jewelry, and luxury architectural uses.
News also includes activity at the Wyoming Sky zone, Scorpion and Toad properties and the DJ project in Washington, along with private placements, insider participation in financings, working-capital uses, exploration spending, and changes in financial reporting practices.
Jade Leader Corp. (TSX.V:JADE) has announced a significant milestone with its first major sale of Sky Jades© to a prominent European jewelry manufacturer. The initial shipment includes 6.5 kilos of jade, generating total revenue of $10,500, or $1,620 per kilo. This sale, facilitated through the company's new online store, marks a step towards establishing long-term distribution partnerships and enhancing its market presence. The company aims to showcase the quality of its jade materials while expanding inventory as sales opportunities increase.
Jade Leader Corp. (TSX.V:JADE) has successfully launched its e-commerce platform, jadeleader.shop, for direct sales of jade materials from its Wyoming Sky Zone project. The platform went live on March 4, 2022, and is currently serving customers in the US while also cataloging products for international inquiries. As production levels rise, the company plans to report aggregate sales. With a board boasting over 120 years of experience, Jade Leader aims to tap into the booming international jade market, which is reportedly larger than that of rough diamonds.
Jade Leader Corp. (TSXV:JADE) held its Annual & Special Meeting on February 24, 2022, where key directors were re-elected and BDO Canada LLP was appointed as auditors. The company reported recovering 56 kilos of gem-grade Sky Jades out of 183 kilos during its September-October 2021 sampling program. An initial suite of 116 Sky Jades, valued at CDN$169,073, will be sold through a new e-commerce platform, expected to launch shortly. The company's unique positioning in the expanding jade market is bolstered by the experience of its board in mineral exploration.
Jade Leader Corp. has reported significant progress in the preparation of an initial 88 kg of Sky Jade products from its Wyoming pilot-scale bulk sampling program. So far, 42 kg has been cut, polished, and inventoried, enhancing the company’s marketing efforts. The quality of the Sky Jades, noted for their vitreous luster, is promising. The company is also building an e-commerce platform for national and international sales. As of now, 183 kg of gem-grade Sky Jades have been identified, positioning Jade Leader favorably in the expanding international Jade market.
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